Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: SunX against QFEX+0.087%7-day average −0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on QFEXShort on SunX
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.087%, 7d avg −0.017%
Together, before fees+0.054%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.104% dearer against QFEX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX OPENAI-USD1,622.90.0000pay 0.0000% / 1h6m 31s$1.2M$491K10x
ShortSunX OPENAI-USDT1,624.30get 0.0000% / 8h5h 06m—$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.05
Price spread: +0.087% → −0.017%
$10.38
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$7.67
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 5 min ago; SunX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 5 min ago2.59 bp8.1 bp −$817.4 bp −$174doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago500.31 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International OPENAI-PERP-INTX−0.0104%1h1,625.2+0.142%$225K$159K5xas long as short
Lighter OPENAI0.0000%1h1,707.9+5.235%$1.4M$269K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,663.6+2.506%$757K$206K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,651.4+1.757%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,619.6−0.204%$52.4M$28.8M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,623.9+0.060%$5.5M$5.1M20xas long as short
SunX OPENAI-USDTshort0.0000%8h1,624.3+0.087%—$2.4M10x
Deribit OPENAI_USDC-PERPETUAL0.0000%1h1,622.5−0.022%—$35xas long as short
HTX OPENAI-USDT0.0000%8h1,623.3+0.028%$79K$217K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,622.6−0.017%$1.6M$545K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX OPENAI-USDlong0.0000%1h1,622.9long leg$1.2M$491K10x
Lighter RH OPENAI+0.0032%1h1,674.6+3.184%$2.7M$6.2M5xas long as short
BloFin OPENAI-USDT+0.0044%8h1,623.1+0.013%$474K$277K20xas long as short
Extended OPENAI-USD+0.0048%1h1,622.6−0.018%$141K$737K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,628.1+0.322%$212K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,623+0.008%$22.9M$17.8M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,622.9+0.001%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,624.6+0.104%$374K$70K20xas long as short
Variational Omni OPENAI+0.0050%8h1,622.9−0.001%$2.6M$759K—as long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,623.6+0.044%$2K$143K10xas long as short
Aevo OPENAI-PERP+0.0104%1h1,622.6−0.019%——10xas long as short
Entropy io:OAI+0.0149%1h1,667.1+2.724%$7.4M$2.1M6xas long as short